Unemployment: The Silent Epidemic

August 27, 2017

Category: David Fields, employment, Full Employment, Job Guarantee, jobs, Levy, Macroeconomics, Pavlina R. Tcherneva, unemployment

By Pavlina R. Tcherneva, This paper examines two key aspects of unemployment—its propagation mechanism and socioeco

Inequality Update: Who Gains When Income Grows?

April 7, 2017

Category: David Fields, Income, Inequality, Levy, Pavlina R. Tcherneva, United States, Wages, Wealth

By Pavlina R. Tcherneva Since the 1980s, economic recoveries in the United States have been delivering the vast majori

Pavlina R. Tcherneva on the economic consequences of Donald Trump

November 14, 2016

Category: David Fields, Democrats, Donald Trump, Economic Bill of Rights, Economic Policy, Inequality, Neoliberalism, Pavlina R. Tcherneva, Social Justice, United States

By Pavlina R. Tcherneva, A lot has been said already. For me, this was the culmination of a decades-long process where th

New Levy Paper by Pavlina R. Tcherneva: Money, Power, and Monetary Regimes

March 8, 2016

Category: Capitalism, Chartalism, Currency, David Fields, Dollarization, Exchange Rates, Finance, Heterodox Economics, History, Institutions, Keynes, Levy, Macroeconomics, Methodology, Modern Monetary Theory, Monetary Policy, Money, Pavlina R. Tcherneva, Political economy, Post-Keynesian, Power, Prices, Research, State Theory, Value Theory

By Pavlina R. Tcherneva From the abstract: Money, in this paper, is defined as a power relationship of a specific kind, a

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